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Linn Energy, Llc (LINE) [hlAlert]

Rating:
Buy LINE
down 92.59 %

Linn Energy, Llc (LINE) rated Buy with price target $44 by Wunderlich

Posted on: Thursday,  Jun 30, 2011  8:25 AM ET by Wunderlich

Wunderlich rated Buy Linn Energy, Llc (NASDAQ: LINE) on 06/30/2011, when the stock price was $39.15. Since
then, Linn Energy, Llc has lost 92.59% as of 12/01/2015's recent price of $2.90.
If you would have followed this Wunderlich's recommendation on LINE, you would have lost 92.59% of your investment in 1615 days.

Linn Energy, LLC (Linn Energy) is an independent oil and gas company focused on the development and acquisition of long life properties in the United States. The Company?s properties are located in the Mid-Continent and California. Proved reserves as of December 31, 2008 were 1,660 One billion cubic feet (Bcfe), of which approximately 51% were gas, 31% were oil and 18% were natural gas liquids (NGL). Approximately 68% were classified as proved developed. As of December 31, 2008, the Company operated 4,453, or 66%, of its 6,716 gross productive wells. The Company?s properties are located in three regions in the United States: Mid-Continent Deep, which includes the Texas Panhandle Deep Granite Wash formation and deep formations in Oklahoma; Mid-Continent Shallow, which includes the Texas Panhandle Brown Dolomite formation and shallow formations in Oklahoma, and Western, which includes the Brea Olinda Field of the Los Angeles Basin in California.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/30/2011 8:25 AM Buy
None
39.15 44.00
as of 12/30/2011
1 Week down  -0.34 %
1 Month up  4.11 %
3 Months up  6.30 %
1 YTD down  -3.16 %

(*) Stock Price at the time of the recommendation.
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